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government. >> that trickle down government phrase looks like an attempt to neutralize attacks on his tax plan as just one more version of, quote, trickle down economics. romney did some major cleanup work yesterday on the comment that had been the most damaging to his campaign in the last few weeks, the 47% comment. >> clearly, in a campaign with hundreds if not thousands of speeches and question and answer sessions, now and then you'll say something that doesn't come out right. in this case i said something that is just completely wrong. i absolutely believe, however, that my life has shown that i care about a hundred percent. >> that's what he said. everything he said there he said was completely wrong. does raise this question. how many resets can a presidential nominee have? take a look at romney's shifting responses over the last three weeks on 47% to put it all in perspective. >> as i point out i recognize that among those that pay no tax approximately 47% of americans i'm not likely to be highly successful with a message of lowering taxes. you know, it's not elegantly stated. let
. and he was caught in a lie today about his secret tax returns. >>> and in voter suppression news, a big win for voters in a pennsylvania courtroom today. and in the rewrite, the only way mitt romney can win the debate, it was all laid out for him by the best republican presidential debater ever, who was of course a fictional character in the t.v. series olaf's pizza palace gets the most rewards of any small business credit card! pizza!!!!! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve the most rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? we might still be making mix tapes. find this. pause this. play this. eject this. write this. it's like the days before esurance express lane™. you had to find a bunch of documents just to get a car insurance quote. now express lane finds your driving info with just
're going. governor romney has a perspective that says if we cut taxes, skewed towards the wealthy, and roll back regulations, that we'll be better off. i've got a different view. i think we've got to invest in education and training. i think it's important for us to develop new sources of energy here in america. that we change our tax code to make sure that we're helping small businesses and companies that are investing here in the united states. that we take some of the money that we're saving as we wind down two wars to rebuild america. and that we reduce our deficit in a balanced way that allows us to make these critical investments. now, it ultimately is going to be up to the voters, to you, which path we should take. are we going to double down on the top-down economic policies that helped to get us into this mess or do we embrace a new economic patriotism that says america does best when the middle class does best? and i'm looking forward to having that debate. >> governor romney, two minutes. >> thank you, jim. it's an honor to be here with you, and i appreciate the chance to be with
taxes on people at the high end of the income scale apreposterous. i think you would agree. obviously if the republicans get into power they are going to cut taxes at the high income and he got on stage tonight and said no. >> romney's problem is that this debate is in 2012, not 1812. we have things we can hit a button to show what he has said before. no doubt mitt romney was at his best tonight but his best is not good enough. when you look at the fact that he's saying that taxes will not go up on the middle class, yet he is proposing all the way through this campaign, dealing with deductions in terms of mortgage investments, dealing with deductions in terms of charity, it will in fact go up on the middle class and a much lower tax rate for the rich. the fact will not bear him out. when he stood there all night advocating states' rights across the board, what is that saying to women about who is going to decide on women's issues? what is that saying to minorities t immigration? this man went back to the 19th century on states' rights all night long. when we hear him talk about things
running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy, the fellow on stage last night said he didn't know anything about that. >> last night i thought was a great opportunity for the american people to see two very din visions for the country. and i think it was helpful to be able to describe those visions. i saw the president's vision as trickle down government and i don't think that's what america believes in. >> overnight polls and "the denver post" give round one to romney. as a republican challenger went after the president's record. >> i just don't know how the president could have come into office, facing 23 million people out of work, rising unemployment, and economic crisis at the kitchen table, and spent his energy and passion for two years fighting for obama care instead of fighting for jobs for the american people. >> the president faulted romney for being too vague. >> at some point, i think the american people have to ask themselves, is the reason that governor romney is keeping all of these plans to replace secret because
that he's going to close deductions and loopholes for his tax plan. that's how it's going to be paid for but we don't know the details. he says that he's going to replace dot frank, wall street reform, but we don't know exactly which ones. he won't tell us. he now says he's going to replace obama care. at some point i think the american people have to ask themselves, is the reason that governor romney is keeping all these plans to replace secret because they are too good? is it because somehow middle class families are going to benefit too much from them? >> let me bring in nick khristoff. let me read one of your many tweets last night, nick. obama is such a gifted speaker but tonight he seemed passive, distracted and defensive. what happened? >> i mean n a word, he blew it. it is not the same as blowing a campaign. i think part of it was expectations and romney did much better than expectations. but beyond that, he let romney get away with accusing him of being the one who is undecided on big banks, on being the one who would let people lose their health insurance, of being the one
, for that matter, those two. to finance a big across the board tax cut but not tell us how. not what big across the board deductions he'll deny people in order to pay for it or even what taxes he's been paying himself over the years. or how he'll finance all those popular things in the president's health care plan once he kills the plan itself. lots of secrets. secrets because he himself has no earthly idea what the answers are. i'm joined by democratic strategist bob shrum and salon's joan walsh. first, however, we have two new national polls on the presidential race. let's check the "hardball" scoreboard. according to a new "washington post"/abc news poll, president obama has a two-point lead holding there, 49%/47%. same score in the new politico poll. obama by two, 49%/47%. "the new york times" this weekend reported on the two campaigns' ongoing debate preps. here is what they said about romney's prep. quote, mr. romney's team has concluded that the debates are about creating moments and has equipped him with a series of zingers he's memorized and has been practicing on aides since august. b
tax returns. >>> and in voter suppression news, a big win for voters in a pennsylvania courtroom today. and in the rewrite, the only way mitt romney can win the debate, it was all laid out for him by the best republican presidential debater ever, who was of course a fictional character in the t.v. series "the west wing." nd.. ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. to start her own interior design business. she's got a growing list of clients she keeps in touch with using e-mail marketing from constantcontact.com. constantcontact is easy and affordable. it lets her send out updates and photos that showcase her expertise and inspire her customers for only $15 a month. [ dog barking ] her dream -- to be the area's hottest interior design office. [ children laughing ] right now, she just dreams of an office. get a free trial at constantcontact.com. most paints have color that sits on the su
they don't have enough time to explain how they will change your tax deductions, like your home mortgage tax deduction, in the romney/ryan tax plan. not enough time. they can't even say if you will pay more or less with their tax plan. well, mitt, i'm sure president obama will give you as many of his minutes as you need to explain it all in wednesday night's debate. >> mitt romney needs a great october. >> we know romney needs a great october. >> to change the course of this campaign. >> the final push is on. >> just days away from the first presidential debate. >> both candidates cramming for the first debate. >> everyone trying to lower expectations. >> franticly spinning to lower expectations. >> president obama is an experienced debatetor. >> i'm just okay. >> almost everyone seems to be muting enthusiasm in trying to undersell thvernlths is mitt's first time. >> i don't buy that. >> chris christie is taking a different tack. >> we have a candidate who is going to do extraordinary well on wednesday night. come thursday morning when we get to thursday morning, the entire narrative of
been running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy, the fellow on stage last night said he didn't know anything about that. the real mitt romney said we don't need any more teachers in our classrooms. but don't boo, vote. but the fellow on stage last night, he loves teachers. can't get enough of them. the mitt romney we all know invested in companies that were called pioneers of outsourcing jobs to other countries. but the guy on stage last night, he said that he doesn't even know that there are such laws that encourage outsourcing. he's never heard of them. never heard of them never heard of tax breaks company for companies that ship jobs overseas. he said if it's true, he must need a new accountant. now, we know for sure it was not the real mitt romney because he seems to be doing just fine with his current accountant. so you see, the man on stage last night, he does not want to be held accountable for the real mitt romney's decisions and what he's been saying for the last year. and that's because he knows full well that
. but here's what mitt's been promising for the last two years. tax cuts for the wealthiest americans. how do you make that seem warm and fuzzy? well you just need to shake it up as hard as mitt did last night. so, let's give it a shot. okay. here we go. >> a little magic there. good day. i'm andrea mitchell live in washington today. the white house got some welcome news. a september jobs report with the unemployment number now down to 7.8%, the lowest rate since the president took office, first time below 8%. joining me for the daily fix, chris cizilla, msnbc contributor and managing editor of post-politics.com. the president out on the stump trying to make the best of it, these numbers can bounce around. we'll drill down on the economic facts and figures in a moment, but basically this is a good news. >> yeah. look, good news from the country in that the unemployment rate went down and i would say good news politically for president obama because now the talking point that republicans have used effectively for quite some time to say, you know, 42 straight months of an unemployment over 8%,
the board tax cut that is estimated to cost taxpayers $4.8 trillion. >> governor romney's central economic plan calls for a $5 trillion tax cut on top of the extension of the bush tax cuts. >> first, i don't have a $5 trillion tax cut. i don't have a tax cut of the scale that you're talking. no economist can say mitt romney's tax plan adds 5 trillion. about i say i will not add to the deficit with my tax plan. >> romney never actually said there would be a 20% tax cut? >> i'm going to lower rates across the board for all americans by 20%. i want a 20% across the board reduction in taxes. the individual marginal tax rate 20% across the board. the top rate, for instance, would go from 35 to 28, middle rates would come down by 20% as well, all rates come down. >> president obama was just as surprised. >> well, for 18 months he's been running on this tax plan. and now, five weeks before the election, he's saying that his big, bold idea is never mind. >> but the etch a sketching did not stop there. governor romney who once believed financial regulation was hurting the economy -- >> dodd frank i
>>> a make or break week for mitt, and this is his sendoff? >> lowering the tax rates. does that cost $5 trillion? >> no, no. look, i won't get into a baseline argument with you. >> i think my biggest concern obviously would just be for the -- his mental well-being. >> you haven't given me the math. >> well, i don't have the time -- it would take me too long to go through all of the math. >> too long. good lord. on the eve of the first debate, team romney flubs their lines. >> have you got lines already prepared, attack lines? >> i'm not really a line guy. overseas which is where you and i come from means lake superior. where i come from overseas we refer to lake superior. overseas, which as a wisconsinite means lake superior -- >> i'm not familiar with precisely with what exactly i said but i stand by what i said whatever it is. ♪ how you like me now ♪ how you like me now >>> we begin with the hunt to win october and in particular the next five days that could prove decisive in this presidential campaign. indeed, after a cruel summer that extended well into september, m
get more benefits from the federal government in dollar value than they pay back in taxes. so you could argue that we're already passed that tipping point. the good news is, survey after survey, poll after poll, still shows that we are a center right 70/30 country. 70% of americans want the american dream. they believe in the american idea. only 30% want the welfare state. >> which video is more sensat n sensational? more of a game-changing contest modifier. joining us from the site of tonight's debate in denver is the man who knows from game change, emmy darling, "time" magazine and msnbc senior political analyst whose publication is out with an issue today, who's telling the truth, the fact wars. mark halperin, i've been trying to find appropriate terms that would be substitutes for the phrase game change. i can't. you coined it, you own it. which of these videos, is either one of these videos a game changer in terms of tonight's debate? >> alex, any student of political tv and cable news who didn't watch hannity last night i pity the fool. it was an awesome episode of the show
rid of the charitable deduction, because that's the only way you have revenue neutrality in these tax cuts he's talking about. his only plan for economic improvement in this country is to cut the taxes mainly of the rich. that's his only plan. the only defense of this strategy is he's going to get rid of loopholes. tell us that, governor. show us what you're going to do or stop talking. i think he's got to be that aggressive. but the main message is, show me your cards. stop bluffing. >> we have seen a little bit of telegraphing this week from mr. romney, that maybe he will put some details into his economic talk. he's started to float some new ideas about taxes that he never floated before. my question is whether or not he thinks the right place to unveil those is in a debate setting. surprise the president with something he's never said before or if he wants to save that stuff for a more controlled environment. that will tell us as much about his temperament and his strategy as it will about his plans. let me bring in lawrence o'donnell, chris. lawrence is in the spin room tonight,
calls for a $5 trillion tax cut. >> virtually everything he said about hi tax plan is inaccurate. >> for 18 months he's been running on this tax plan, and now five weeks before the election he's saying that his big bold idea is nevermind. >> let me repeat what i said. i'm not in favor of a $5 trillion tax cut. >> the president's lackluster response sent critics into a tail spin and put team obama on defense. >> i don't know what he was doing out there. he had his head down, he was enduring the debate rather than fighting it. the latest thing we got from romney because he said so, was, you know what i want to do with people when they are poor? shove them in the emergency room. where was obama tonight? >> progressives from chris matthews to bill maher to michael moore all across the progressive wing of the democratic party, there's great disappointment. >> they were jumping out of their seats watching. >> i understand. i understand there was a hunger for us to attack romney more personally than the president did last night. >> bottom line, romney scores, but was last night the firs
to a failed economic theory, of tax cuts for the rich. the notion that let's go to war with "sesame street" but give wall street a big wet kiss, that's exactly what got us into this mess. that's what we've spent four years digging out. >> that's really not what they saw. i get the interpretation you've got a campaign to win. but what they saw was one guy who seemed to be somebody they had never seen before. he shattered the fiction of the advertising he was the guy brimming with new ideas and energy. they saw the president of the united states who was sleepwalking the whole time. >> i don't disagree -- >> the tired contrast rang a bell with people. romney's got ideas and the president, there's no vision for a second term. >> mike, i don't doubt this was somebody they never seen before. quite frankly, i think there were people in the romney campaign that had never seen this candidate. a week ago paul ryan was asked to explain the math of a $4.8 billion tax cut. he said i don't have time. mitt romney said, we don't do math. you cannot wish away the existence of your entire campaign platform
romney has been running around the country for the last year promising $5 trillion in tax cuts to pay for the wealthy. the fellow on stage last night said he didn't know anything about that. >> around the same time governor romney was making a surprise appearance at the conservative political action conference, cpac in denver before heading to virginia for an event with congressman paul ryan later on this evening. zoo >> i know your passion for econo america and your desire to take our country back. for that to happen you guys have to cheer here and knock on doors and get people who voted for president obama to see the light sxwro and join our team. >> joining us now is steve boykin and anne cornbluth and steve deyes. the president out at that rally seemed more enthusiastic. he said that was not the real mitt romney who showed up at the debate last night. so the question to you, was it the real president obama who showed up last night? >> great question, because the president obama at that rally is not what i saw on the debate stage last night. one lingering question in my mind and i
is really clear. we're giving people a clear choice. >> paul ryan was asked about the tax cuts for the millionaires proposed by romney and ryan's budget plans. he was a guest on fox news sunday with chris wallace and the vice presidential candidate made some missteps of his own. >> how much would it cost? >> it's revenue neutral. >> i'm just talking about -- the cut in tax rates. >> the cut in tax rates is lowered for all americans by 20%. it's revenue neutral. >> it's not unless you take away the deductions. we're going to get to that. the first half. lowering the tax rates. does that cost $5 trillion? >> no. >> the master of the power point was having a hard time making a point. let's break down what paul ryan is actually saying here. romney and ryan will give $5 trillion in tax breaks to the wealthiest americans. subtract an unspecified amount of money of unnamed deductions. somehow you're going to get a revenue neutral tax plan. it's a plan so bogus not even a fox news host can understand it. >> you haven't given me the math. >> i don't have the -- it would take me too long
-neutral 20% tax cut across the board for every american? are we going to hear that tonight in. >> no, absolutely not. i think what you're going to hear and see is more of a tactic. sort of a communications tactic of making it sound like he's talking like a plan, like that 17,000 cap he threw out the other day and then his team walked that right back. probably -- >> karen, that's known as i've got a hole in my pocket, dear liza. >> that's right. you'll hear him talk about a number of these things as if it sounds like a plan, but without any specifics. i think what you'll see from the president is more specifics. again, the president actually has a record to talk about. i mean, put forward a health care plan. happened to be, you know, based on mitt's, but whatever. he has a jobs plan, a number of things of specifics he can point to whereas romney doesn't. i think that will be part of the contrast the president will be going for. i think romney's only defense on that, since i don't think he'll give us specifics, is rhetoric and to make it sound like he has a plan. >> do you agree with t
america a lemon. >> there will be no tax cut that adds to the deficit. i'll underline that, no tax cut that adds to the deficit. >> really? okay. what kind of mileage does it get? >> number one, pre-existing conditions are covered under my plan. >> huh? okay. do the brakes work? >> i'm sorry, jim, i'm going to stop this subsidy to pbs. i'm going to stop other things. i like pbs. i love big bird. >> let's not. let's let him respond. >> i get the last word. let me make this comment. >> nope. come on, mr. president, give us a peek under the hood. >> five week before the election he's saying that his big, bold idea is never mind. is the reason that governor romney is keeping all these plans to replace secret because they're too good? is it because that somehow middle class a families are going to benefit too much? ♪ i guess you're just what i needed ♪ >>> we begin with the president criticized as being less than effective last night by hyperventilating pundits across the board, but now getting his own chance to put a spin on the first presidential debate. fresh off last night's face-of
bankrupt so he should take the credit for saving detroit. and he's just as hapless on taxes. >> raise taxes with obama care but he's got another taxes in mind. >> governor romney doesn't need zingers. he needs to get his story straight. he needs to stop debating himself. and at the end of the day, this election isn't about one liners. just ask our president. >> i know folks in the media are speculating already on who's going to have the best zingers. what i'm most concerned about is having a serious discussion about what we need to do to keep the country growing and restore security for hardworking americans. that's what people are going to be listening for. that's the debate that you deserve. >> that's the debate voters deserve. and on wednesday night, they won't be distracted by any zingers cooked up by romney's team of joke writers. joining me now is michelle cottle, washington correspondent for "newsweek" and the daily beast. and dana milbank, columnist for "the washington post." thanks to you both for coming on tonight. dana, are zingers the answer for mitt romney? >> well, he has to b
-- >> specific. >> it is not a goal to end tax breaks for companies that move jobs overseas and incentivize them to come back and create a million jobs in manufacturingp. we've seen the greatest increase in manufacturing jobs in more than 20 years under this president. so we have a sense of what has to happen in order to bring those businesses back and create those jobs. those aren't goals. you know, reducing our dependence on foreign oil by increasing our domestic production incentivizing clean energy to create jobs and put people back to work, those aren't goals, those are plans to continue to move this economy forward. look, i also hope that mitt romney will take some of the time paul ryan didn't want to take in his interview this weekend and try to explain the arithmetic behind their budget. paul ryan said it would take too long to explain their budget plan. the problem isn't the time and explanation. it's the math that's involved to make the statements that mitt romney and paul ryan have said line up to being anything close to the truth. and i think that governor romney will likely whether
federal income taxes. he was asked what he would have said if that came up in the debate. >> clearly, in a campaign with hundreds if not thousands of speeches and question and answer sessions, now and then you're going say something that doesn't come out right. in this case, i said something that's completely wrong. i absolutely believe, however, that my life has shown that i care about 100%. >> president obama campaigned in wisconsin, sharply criticizing romney's statements during the debate on tax cuts, education, and outsourcing as misleading to the middle class. the president had this to say about his opponent's plan for reducing the deficit. >> but i just want to make sure i got this straight. he'll get rid of regulations on wall street, but he's going to crack down on "sesame street." [ applause ] thank goodness somebody's finally cracking down on big bird. who knew that he was responsible for all these deficits. elmo's got to watch out. >> and vice president joe biden was campaigning in iowa saying that mitt romney flip-flopped on his own tax cut plan that was the center piece
. >> for 18 months he's been running on this tax plan. and now five weeks before the election, he's saying that his big, bold idea is never mind. >> you said you get a deduction for taking a plant overseas? look, i've been in business for 25 years. i have no idea what you're talking about. i maybe need to get a new accountant, but the idea that you get a break for shipping jobs overseas is simply not the case. mr. president, you're entitled to your own airplane and your own house but not your facts. i don't have any plan to cut education funding and grants for people on going to college i'm continuing on growing. is it so critical it's worth paying to china? i apologize, mr. president. i use that term with all respect. okay, good. so i'll get rid of that. >> i don't know what he was doing out there. he had his head down. he was enduring the debate rather than fighting it. romney, on the other hand, came in with a campaign. he had a plan. he was going to dominate the time. he was going to be aggressive. he's going to push the moderator around, which he did effectively. he was going to relis
business going. helping small business. >> encouraging small business growth lowered taxes for small bidses. through small businesses. 97% of small businesses. >> it's small businesses. a guy who has a small business. successful small businesses. >> those small businesses. >> all the praise for small businesses and their owners obscures the questions we should ask. what counts as a small business and what is their role in the u.s. economy? many of these small businesses talked about are anything but small. in order to avoid paying income taxes, they use sole propriet proprietorships and s-corporations. the owners file the profits on individual tax returns making the term small business about the number of owners rather than anything else. as a result, these small business owners include partners of hedge funds. also, donald trump. >> under governor romney's definition there are a bunch of millionaires and billionaires who are small businesses. donald trump is a small business. i know he doesn't like to think he's small anything, but it's how you define small businesses to get business incom
tried to dance away from his own record in the debate. he danced around on taxes, he danced around on medicaid. he even danced around on his own health insurance plan. >> the other night he said he'd repeal obama care as soon as he took office and then he backtracked and said, no, wait. at least i'll make sure to cover folks with pre-existing conditions. and then i've explained, well, actually, your plan doesn't do that. and then his campaign had to come out and say, actually, that's not true. our plan wouldn't do that. so governor romney was fact checked by his own campaign. that's right. that's right. >> romney got fact checked by his own campaign. it's pretty clear now that romney has backed himself into a corner and president obama tinds to keep him there. joining me now, dana milbank and erin mcpike. thanks for coming on the show. >> reverend. >> thank you. >> dana, did mitt romney leave himself open to some attacks? >> well, just a little bit, ref renld. i think if he continues on this trajectory, by the last debate, he's going to be considerably to the left of you. and he'll
the taxes paid by high income americans. with regards to young people coming along, i have got proposals to make sure medicare and social security are there for them without any question. number one, pre-existing conditions are covered under my plan. we've had 43 straight months with unemployment above 8%. if i'm president, i will create -- help create 12 million new jobs in this country with rising incomes. >> governor, i don't know how he got away with it. i don't know why the president didn't say it. he wants to get rid of the estate tax. the wealthiest people that got a quarter billion bucks in the bank, they want to keep it for their kids when they're gone. that's for the rich. 47%, he said people on social security are a bunch of bums and parasites. now he's saying i just want to save what they have. and this thing about pre-existing condition. he didn't tell the truth last night. he doesn't have a plan to cover it. >> he lied. >> his guy came out and made sure, he said he didn't mean to say that because he only meant people who already had a policy. obviously they do get coverage.
at a campaign event in north carolina. that set off another war of words. >> how they can justify raiding taxes on the middle class that has been buried the last four years. >> vice president biden just today said that the middle class over the last four years has been "buried." we agree. >> let's bring in the news nation political panel, associate editor and columnist for the "washington post" and msnbc analyst eugene robinson, abby stoddard, columnist for the hill, michael spir mitt romney is con nish, talk show host and chip saltzman, strategist. i would like to start off with you, is it fair to compare the two tape you the president's tape the conservatives were talking about since last night and the video of congressman ryan saying you 30% of people want to live their lives on welfare is it fair to compare these tapes, especially given the president's tape, then-senator obama, was covered by the media then? >> it a beautiful day in denver today, tamron. first of all. >> nice weather report, eugene. >> obama says nothing new on the tape and it was covered years aleen sirgany but fair it is
for closure during the previous administration. here are the facts. the $5 trillion tax plan that mitt romney and paul ryan put on the table, you can't pay for it without raising taxes on the middle class and raising taxes on seniors. the same economists who mitt romney referred to to back up his plan said you couldn't pay for it without eliminating the mortgage introduction which many middle class families rely on if they have more specifics, we are interested to hear those tomorrow night. so far we haven't heard how you pay for it without raising taxes on the middle class. >> as we look at a new quinnipiac poll, it's finding more of the majority of americans think the president will win the debates. the president has done his best to temper debate expectations looming out there, saying he's just an okay debater. is your campaign worried these high expectations could backfire on the president? >> the president will come into the debates prepared. mitt romney has been preparing for the debates earlier than any candidate we could find on record since july. it took the week of the convention to
session is what to do about the fiscal cliff, this whammy, this triple whammy of tax hikes and defense cuts and social program cuts that are scheduled to take effect the first of the year. i talked to one democratic congressman, a leader last night, i ran into him at an event in suburban washington. he said, don't look for congress to do anything substantiative in that lame duck, however, they might push that deadline back, work out some kind of deal, push it back six months, and get some serious negotiations on what to do about that fiscal cliff, some time in the springtime. >> mike viqueira, thank you. >>> the spin machine is in full effect over those jobs numbers. first, president obama used his weekly address to tout that drop in unemployment numbers to 7.8. >> more americans are entering the workforce, more americans are getting jobs. >> but mitt romney on his weekly podcast this morning argued that it is just more proof that obama's policies had failed. >> we created fewer jobs in september than in august, and fewer jobs in august than in july. and we've lost over 600,000 manufac
have a theory that you try and fix things in the economy, get a more efficient tax code, get the deficit down over time. that that will help you. when you give them truth serum, you're talk and you off the record, the disruption might be tough for the first few months. but they would argue that the longer term, since we're on the right track would be worth it. that's not an argument you see in the debates. it's not the way the argument gets framed. but that's the core ideological dispute in the election. >> on the other side that's been surprising is president obama, they don't talk about their big idea on the jobs. they don't talk about the jobs act. they didn't bring it up in the debates. why do you think that is? because that is a big responsive, a big idea on jobs here. >> there's a great new book called the "new new deal" about the stimulus that came out in 2009 and was almost $8 hundred billion saying it was a great success. it did a lot of things to help this recession from being worse. it's something that the president's political advisers, they do the polling. it doe
economic theory of tax cuts for the rich, despite the fact he deny attend tax cuts, and the math. and let's go to war with sesame street but give wall street a big, wet, kiss, that is call what got us into this mess, we spent four years digging out of it. >>> meanwhile, gingrich saying the numbers were good for the president, but the overall picture is still gloomy. >> i think it was a significant help to the president. imagine coming out at 8.2 following the debate, i mean people would have entered the week saying it is close to the end. so it is part of the whole process, the campaign will go down to the end. it will be one of the most interesting campaigns in american history, i think you will see it go back and forth somewhat. on friday, the imf said probably no recovery until 2018. >> more reaction from them on the president's debate in just a moment. but first, here is the gallop daily tracking poll, mitt romney closing the gap on president obama, who still leads by three points, 49-46, and taking to the tv air waves, the romney camp claiming the president's plan will increase taxes
in tax rates? >> the cut in tax rates is lower all americans tax rate business 20%. >> how much does that cost? >> it's revenue neutral. >> unless you take away the deductions. >> we're going to get to that in a second. the first half lowering the tax rates does that cost $5 trillion? >> no. look, i won't get into baseline argument with you because that's what a lot of this is about. lowering tax rates broadening the tax base works and you can -- >> but i have to -- you haven't given me the math. >> well, i don't have the time -- it would take me too long to go through all of the math. >> that was paul ryan on fox news yesterday making the case against math or for time or some combination thereof. these are the moments where i think the romney team has trouble, once you can actually drill down and say, but how does it work? show me the numbers. there is no answer. >> right. paul ryan thinks he can use this kind of policy wonk construction that he's been able to create to evade policy discussions. he told brit hume earlier i don't want to get too wonky on you when he asked him when is
it comes to tax loopholes and maybe specifics when he talks about the 47%? >> i don't know that zingers necessarily turn it around. john harwood had a great piece in today's "new york times" talking about how rarely does a debate alter the outcome of a presidential race. so, you know, a good one liner may take -- get people to take notice but i don't think it turns around the momentum. he needs to completely right this ship because ever since the 47%, and the president clinton speech at the debate, the momentum has gone completely against him. >> i'm going to bring in chris. one more time, michael, what can he do that would change? that's what i'm looking for in an answer here. what do you believe specifically he can say at this point? >> if i were advising mitt romney my advice would be to be the man that was a governor, as a moderate of massachusetts and not the incarnation who has sought the presidency trying to appease all the ideologues on the right end of the spectrum. >> that is the opposite of a man you as a conservative does not want to see. you do not want to see massachusetts
they can justify raising taxes on the middle class that's been buried the last four years. >> vice president biden just today said that the middle class over the last four years has been, quote, buried. we agree. that means we need to stop digging by electing mitt romney the next president of the united states! >> today, heavy hitters are fighting back. senator marco rubio just now in denver. >> the last four years the american middle class has been buried. those aren't my words. those happened to be the words of the distinguished vice president of the united states, mr. joe biden. no, don't boo. he's the best thing we got going, guys. >> and how's this for trail mix? mitt romney got more than he bargained for when he posed at chipotle after ordering a burrito bowl in a photo op that's an internet sensation. good day, andrea mitchell live in denver at the site of tonight's presidential debate, the first time in five years that barack obama and mitt romney are going to be face-to-face in what the local newspaper is headlining as the duel in denver. joining me now for our daily fix,
taxes and reduce the revenues going to the government. my number one principle is there's no tax cut that adds to the deficit. i want to underline that. virtually everything you said about my tax plan is inaccurate. so if the tax plan he described were a tax plan i was asked to support, i'd say absolutely not. i'm not looking for 5i trillion tax cut. i won't put in a place a tax cut that adds to the deficit. i'm not in favor of a $5 trillion tax cut. that's not my plan. >> that's three different moments during this debate when mitt romney noticed the bump in the set for obama. what he's saying there is he's arguing against math. the idea that you can cut faxes 20%, can you tell taxes for everybody and it's deficit neutral and faye for it by closing unspecified loop moles and dealing with deductions. that is the romney position. it's up to bahama to make romney get specific about it to say okay. it's easy to say you deal with the deductions and it's easy to say it's deficit neutral and let's talk about the specific deductions and talk about the home interest deduction and health care
to the running mates to do the heavy lifting. joe biden was blasting the romney tax plan with being out of touch with the middle class. >> the romney/ryan tax plan will raise taxes on middle-class families with a child, one or more children by an additional $2,000 a year. how -- all kidding aside, without the boos. stop all that malarkey. this is deadly ernest, man. this is deadly ernest. how they can justify -- how they can justify raising taxes on the middle class that's been buried the last four years. how in lord's name can they justify it? >> the romney campaign picked up on that middle class being buried for the last four years during which president obama was in the white house while campaigning in iowa. paul ryan did not miss the opportunity to seize on biden's choice of words. >> vice president biden just today said that the middle class over the last four years has been, quote, buried. we agree. of course the middle class has been buried. they're being buried by regulations. they're being buried by taxes. they're being buried by borrowing. they're being buried by the obama administrati
duelling ads today. >> this was dishonest. >> i'm not in favor of the $5 trillion tax cut. >> romney is being dishonest here, too. according to an independent non-profit study, barack obama and liberals will raise taxes on the middle class. >> the ad is airing in eight swing states including florida and ohio. meanwhile the romney campaign ad makes a strong push to capture the woman's vote. >> in 2008, i voted for barack obama. he doesn't have my vote this time. being a woman you think about your future and your children. what i want to think about is a future that has jobs. >> the ad goes on to say the economy is important to women. >> a victory for the obama campaign on early voting in ohio. a federal appeals court in the buckeye state just reinstated early voting on the three final days before election day. the ruling means that people in the key battle ground state can continue to cast their ballots. depending on the decision of the local border of elections that is. the obama camp filed that lawsuit arguing that everyone should have a chance to vote on those days. >> and the earl
work on his deficit plan. and his tax plan. are we going to get those details in the course of the debate? >> well, you know, david, i wish you guys were just as tough on the president. the president says he's going to create a million new manufacturing jobs. it doesn't say how. he says he's going to reduce the long-term debt and deficit by $4 trillion, it doesn't say how he's going to do it. let's be fair here. governor romney has laid out a direction and vision for the direction of this country. he's not an accountant. eats not going to go line by line through the budget. but let's hold the president to the same standard and criticize him as well. because how is he going to create a million new manufacturing jobs, david? he hasn't told anybody the specifics of that. how is he going to reduce $4 trillion in debt? we're still waiting to hear whey thinks about simpson-bowles, which he commissioned. he's been the president and hasn't given us spiecifics, lets be fair. >> mitt romney is the defense lawyer in the courtroom, he's going to say the prosecution, president obama, has
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